Scalped: $10,000 Per Ticket??
Superbowl tickets sold for as high as $40,000 on Ebay, for four tickets on the 45-yard line.Updated: Sorry, it was $40,000 for 4 tickets, not 2 tickets! "Only" $10,000 per ticket, not $20,000.
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Sunday, February 03, 2008
Superbowl tickets sold for as high as $40,000 on Ebay, for four tickets on the 45-yard line.Updated: Sorry, it was $40,000 for 4 tickets, not 2 tickets! "Only" $10,000 per ticket, not $20,000.
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- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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6 Comments:
A fool and his money are soon parted.
Subjective theory of value...voluntary trade creates wealth...no one forced the guy to pay that much
Man, the eBay user who bought those tickets sells lots of wire locker baskets. I think this may indicate there is the opportunity to make ridiculous amounts money selling those.
Anon 10:50 p.m.: I agree, I have no problem with voluntary transactions.
4 tickets were sold for $40,000 or $10,000 per ticket
Solution for scalping: the NFL or the stadium sets the prices for these tickets that high to begin with next year.
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